Multiple Choice
The aggregate supply curve shifts rightward when
A) the money wage rate falls.
B) the money wage rate rises.
C) potential GDP decreases.
D) government purchases increase.
E) income taxes increase.
Correct Answer:
Verified
Correct Answer:
Verified
Q66: Moving along the potential GDP line, when
Q67: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2787/.jpg" alt=" - Based on
Q68: When the macroeconomic equilibrium is such that
Q69: If real GDP is less than potential
Q70: Aggregate demand<sub>--------------------</sub>and shifts the AD curve<sub>--------------------</sub>
Q72: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2787/.jpg" alt=" - Based
Q73: <sub>--------------------</sub>increases the quantity of real GDP supplied
Q74: When the price level increases there is<sub>--------------------</sub>
Q75: During a demand-pull inflation, if the Fed
Q76: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2787/.jpg" alt=" - Based